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Opportunities, such as access to education or family background, shape income inequality by influencing the chances of economic success. Unequal opportunities create uncertainty about whether success is merit- or luck-based. We examine how…

综合经济学 · 经济学 2025-03-03 Marcel Preuss , Germán Reyes , Jason Somerville , Joy Wu

This paper tackles challenges in pricing and revenue projections due to consumer uncertainty. We propose a novel data-based approach for firms facing unknown consumer type distributions. Unlike existing methods, we assume firms only observe…

理论经济学 · 经济学 2024-05-28 Duarte Gonçalves , Bruno A. Furtado

Time series prediction is a widespread and well studied problem with applications in many domains (medical, geoscience, network analysis, finance, econometry etc.). In the case of multivariate time series, the key to good performances is to…

机器学习 · 计算机科学 2022-02-09 Darko Drakulic , Jean-Marc Andreoli

Corporate insolvency can have a devastating effect on the economy. With an increasing number of companies making expansion overseas to capitalize on foreign resources, a multinational corporate bankruptcy can disrupt the world's financial…

统计金融 · 定量金融 2018-02-16 Jacky C. K. Chow

Financial Distress Prediction plays a crucial role in the economy by accurately forecasting the number and probability of failing structures, providing insight into the growth and stability of a country's economy. However, predicting…

机器学习 · 计算机科学 2023-02-24 Yuan Gao , Biao Jiang , Jietong Zhou

Artificial intelligence (AI) has moved to the center of policy, market, and academic debates, but its macroeconomic footprint is still only partly understood. This paper provides an overview on how the current AI wave is captured in US…

综合经济学 · 经济学 2026-01-19 Luisa Carpinelli , Filippo Natoli , Marco Taboga

We study the statistics of earning forecasts of US, EU, UK and JP stocks during the period 1987-2004. We confirm, on this large data set, that financial analysts are on average over-optimistic and show a pronounced herding behavior. These…

其他凝聚态物理 · 物理学 2008-12-02 Olivier Guedj , Jean-Philippe Bouchaud

Video streams tremendously occupied the highest portion of online traffic. Multiple versions of a video are created to fit the user's device specifications. In cloud storage, Keeping all versions of frequently accessed video streams in the…

机器学习 · 计算机科学 2022-10-18 Mahmoud Darwich

We design online algorithms for the fair allocation of public goods to a set of $N$ agents over a sequence of $T$ rounds and focus on improving their performance using predictions. In the basic model, a public good arrives in each round,…

计算机科学与博弈论 · 计算机科学 2022-10-03 Siddhartha Banerjee , Vasilis Gkatzelis , Safwan Hossain , Billy Jin , Evi Micha , Nisarg Shah

Evaluating the accuracies of models for match outcome predictions is nice and well but in the end the real proof is in the money to be made by betting. To evaluate the question whether the models developed by us could be used easily to make…

应用统计 · 统计学 2017-02-21 Albrecht Zimmermann

A central problem in business concerns the optimal allocation of limited resources to a set of available tasks, where the payoff of these tasks is inherently uncertain. In credit card fraud detection, for instance, a bank can only assign a…

机器学习 · 计算机科学 2022-02-10 Toon Vanderschueren , Bart Baesens , Tim Verdonck , Wouter Verbeke

We present a replication and correction of a recent article (Ramirez, P., Reade, J.J., Singleton, C., Betting on a buzz: Mispricing and inefficiency in online sportsbooks, International Journal of Forecasting, 39:3, 2023, pp. 1413-1423,…

应用统计 · 统计学 2025-03-12 Lawrence Clegg , John Cartlidge

Conversational modeling is an important task in natural language understanding and machine intelligence. Although previous approaches exist, they are often restricted to specific domains (e.g., booking an airline ticket) and require…

计算与语言 · 计算机科学 2015-07-23 Oriol Vinyals , Quoc Le

Online gambling sites offer many different gambling games. In this work we analyse the gambling logs of numerous solely probability-based gambling games and extract the wager and odds distributions. We find that the log-normal distribution…

物理与社会 · 物理学 2019-10-14 Xiangwen Wang , Michel Pleimling

Algorithmic predictions are increasingly informing societal resource allocations by identifying individuals for targeting. Policymakers often build these systems with the assumption that by gathering more observations on individuals, they…

机器学习 · 计算机科学 2025-03-04 Ali Shirali , Ariel Procaccia , Rediet Abebe

Path prediction is a fundamental task for estimating how pedestrians or vehicles are going to move in a scene. Because path prediction as a task of computer vision uses video as input, various information used for prediction, such as the…

计算机视觉与模式识别 · 计算机科学 2018-11-02 Tsubasa Hirakawa , Takayoshi Yamashita , Toru Tamaki , Hironobu Fujiyoshi

This paper defines theoretical lower bounds of uncertainty of observations of macroeconomic variables that depend on statistical moments and correlations of random values and volumes of market trades. Any econometric assessments of…

综合经济学 · 经济学 2024-10-08 Victor Olkhov

Social media users often make explicit predictions about upcoming events. Such statements vary in the degree of certainty the author expresses toward the outcome:"Leonardo DiCaprio will win Best Actor" vs. "Leonardo DiCaprio may win" or "No…

计算与语言 · 计算机科学 2017-09-04 Sandesh Swamy , Alan Ritter , Marie-Catherine de Marneffe

For those concerned with the long-term value of their accounts, it can be a challenge to plan in the present for inflation-adjusted economic growth over coming decades. Here, I argue that there exists an economic constant that carries…

综合金融 · 定量金融 2012-11-14 Timothy J. Garrett

We consider the fundamental problem of designing a truthful single-item auction with the challenging objective of extracting a large fraction of the highest agent valuation as revenue. Following a recent trend in algorithm design, we assume…

计算机科学与博弈论 · 计算机科学 2024-01-25 Ioannis Caragiannis , Georgios Kalantzis